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Breitling Report for Aug 17
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Breitling Report for Aug 17
Breitling They [the CBI] are telling business and local banks to stop doing business with Iran…the main reason why is they [Iran] are trying to pump US dollars into iraq because they know they [Iraq] are trying to add value to the dinar and they [Iran] know one of the tools to keep the value of the dinar down was the US dollar…it's a back door confirmation of what the intent is of what Iraq wants to do.
They are cutting Iran off at the knees. It's one thing if the CBI can scoop up those dollars and put them into the reserves…that's a good thing but there is so much that they're having a problem with it. And it will keep the value of the dinar down if they don't tackle it
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